All citiesDelhi · Metro · 18 micro-markets · reckoner: Delhi Revenue Dept — Circle Rates

Delhi NCR rates, per sq ft carpet.

city avg 12-month change ▲ 8.2%· market runs +82.1% over reckoner
Sub-region
pop. 33.8 mn (2026e, 16.3 mn in 2011) · rented 30% / owned 70%
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55k
32k
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26k
24k
14k
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13k
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13k
12k
11k
10k
7.3k
7.0k
6.6k
6.2k
5.2k

Pin = market rate, ₹/sq ft carpet. Click a pin to load it into the land-cost calculator.

Micro-marketMarket ₹/sq ftReckonerPremiumRent ₹/sq ft/moYield · typical
Delhi · 5
Connaught Place – Lutyens
Central business district
₹54,620₹28,070+94.6% (+1.5% vs city line)₹109.22.4%
2 BHK ₹1,03,700/mo
South Delhi – Vasant Vihar / GK
Prime residential
₹31,840₹17,450+82.5% (-4.6% vs city line)₹71.62.7%
2 BHK ₹68,000/mo
Rohini – Pitampura
Established mid-market
₹14,440₹8,410+71.7% (-9.7% vs city line)₹37.33.1%
2 BHK ₹35,400/mo
East Delhi – Mayur Vihar – Preet Vihar
Established mid-market
₹13,550₹7,830+73.1% (-8.9% vs city line)₹353.1%
2 BHK ₹33,200/mo
Dwarka
Established mid-market
₹12,400₹7,250+71% (-9.9% vs city line)₹323.1%
2 BHK ₹30,400/mo
Noida & Greater Noida · 5
Noida – Central (Sec 50/75/78)
Established mid-market
₹27,780₹7,250+283.2% (+101.9% vs city line)₹71.83.1%
2 BHK ₹68,200/mo
Noida Expressway (Sec 128–137)
Established mid-market
₹13,430₹7,830+71.5% (-9.7% vs city line)₹34.73.1%
2 BHK ₹33,000/mo
Noida – Sector 150
Growth suburb
₹11,120₹6,640+67.5% (-11.6% vs city line)₹31.53.4%
2 BHK ₹29,900/mo
Greater Noida West
Peripheral / emerging
₹7,250₹4,510+60.8% (-14.6% vs city line)₹22.43.71%
2 BHK ₹21,300/mo
Yamuna Expressway – Jewar
Peripheral / emerging
₹5,210₹3,260+59.8% (-14.3% vs city line)₹16.13.71%
2 BHK ₹15,300/mo
Gurugram · 6
Gurugram – DLF Phase 1–5
Prime residential
₹25,950₹14,180+83% (-4.2% vs city line)₹58.42.7%
2 BHK ₹55,500/mo
Gurugram – Golf Course Rd
Prime residential
₹23,790₹13,080+81.9% (-4.8% vs city line)₹53.52.7%
2 BHK ₹50,800/mo
Gurugram – Sohna Rd – SPR
Growth suburb
₹13,420₹8,140+64.9% (-13.3% vs city line)₹383.4%
2 BHK ₹36,100/mo
Gurugram – Dwarka Expressway
Growth suburb
₹12,580₹7,540+66.8% (-12.1% vs city line)₹35.63.4%
2 BHK ₹33,800/mo
Gurugram – New Gurugram (Sec 80–95)
Growth suburb
₹10,490₹6,330+65.7% (-12.5% vs city line)₹29.73.4%
2 BHK ₹28,200/mo
Sohna – Manesar
Peripheral / emerging
₹6,180₹3,880+59.3% (-15% vs city line)₹19.13.71%
2 BHK ₹18,100/mo
Ghaziabad & Faridabad · 2
Ghaziabad – Indirapuram – Raj Nagar Ext
Peripheral / emerging
₹6,960₹4,380+58.9% (-15.5% vs city line)₹21.53.71%
2 BHK ₹20,400/mo
Faridabad
Peripheral / emerging
₹6,580₹4,070+61.7% (-13.8% vs city line)₹20.33.7%
2 BHK ₹19,300/mo

Land cost calculator — acquisition, stamp duty & TDR

Type a plot size; we apply the micro-market land rate, the state's stamp-duty rule (charged on the higher of market and reckoner value) and the local TDR pricing convention.

Acquisition (market)

₹524.16 cr

₹1,20,330/sq ft × 43,560 sq ft

Stamp duty + registration

₹36.69 cr

6% + 1% on ₹524.16 cr

Total outlay

₹560.85 cr

₹64,377 per buildable sq ft @ FSI 2

Reckoner value of plot₹61,760/sq ft₹269.03 cr
Market premium over reckoner₹255.13 cr
Buildable area87,120 sq ft
TDRno formal TDR market

Delhi: 6% (men) / 4% (women) + 1% registration. No formal TDR market. Indicative — confirm with the sub-registrar's current schedule.

Vidura market brief

Delhi NCR's residential market trades well above Delhi Revenue Department circle rates across every micro-market tracked, with the gap widening sharply in high-demand pockets. Noida Central (Sectors 50/75/78) shows the starkest divergence, market prices at ₹27,780/sq ft against a ₹7,250 reckoner—a 283% premium—reflecting how stale government valuations have become in fast-appreciating corridors. Connaught Place–Lutyens (94.6% premium) and South Delhi's Vasant Vihar/GK belt (82.5%) anchor the luxury end, while Gurugram's DLF Phases and Golf Course Road cluster near 82% premiums. For PPP and infrastructure investors, this reckoner lag matters directly: land acquisition costs benchmarked to circle rates understate true compensation liabilities, stamp duty revenue leakage persists, and asset monetisation exits (built assets, annuity-linked land parcels) will realise well above book/reckoner valuations, improving project IRRs but complicating public land-pooling negotiations. Peripheral growth corridors—Noida Expressway, Dwarka Expressway, New Gurugram, Yamuna Expressway/Jewar—show more moderate 58-72% premiums, offering relatively better acquisition economics for greenfield infrastructure. With ~8% YoY appreciation persisting, expect reckoner revisions to lag further, sustaining arbitrage opportunities but also acquisition disputes in prime submarkets.

Generated 2026-09-26 from the engine's current numbers and recent headlines · refreshed weekly

5-year trend — city average, residential

Lime = engine's city average sale · sky = rent ₹/sq ft/month · dashed blue = YoY % · amber dots = credible prints (CRE Matrix / PropEquity / Knight Frank / IGR headlines, team deals) — 1 so far · 5Y sale +23.2% · rent +23.2%

  • print
  • rent
  • value
  • yoy
2021-102022-032022-072022-112023-032023-072023-112024-032024-072024-112025-042025-082025-122026-052026-098k15k23k30k38k-4%0%4%8%12%

Reckoner ↔ market correlation

market ≈ −₹194.9 + 1.9245 × reckoner · R² 0.877 · n = 18 micro-markets

0k8k15k23k30k0k15k30k45k60k

Points above the line are micro-markets where the market has run further ahead of the government rate — expect higher land-acquisition cost and stamp-duty arbitrage; points below signal reckoner catch-up risk.

Recent public signals

Indicative desk estimates calibrated to government reckoner/circle rates and public signals; not a valuation. Refined daily and by team corrections. Reckoner source: Delhi Revenue Dept — Circle Rates. Unit: ₹ per sq ft carpet (land: ₹ per sq ft of plot).

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